To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.

Built in 2004, the buildings offer timeless architectural design with all the modern amenities and construction.

My job is 100% work from home and requires little interaction using phone and laptop. 

because all of the new houses i see still have the sidings like older homes, only the front is modernize. what makes me believe they built it over the old frame.i should point out I'm in Chicago.thanks in advance!

I am looking at one that is pretty modern and has 24 hr automated security and gate etc.

In general, updated with clean and modern furnishings is always a good start. 

Or we are all wrong and modern economic theory is flawed and no longer applies...

When I lived in Southern California I worked at a firm that designed ultra modern homes in Hollywood, Beverly Hills, Malibu and so on for a homes that sold between the low price of $10 to $50 million dollars.

We have a lockbox nearby for the tenants if they get locked out but it's 2021, I hoping there is a more "modern" solution. 

You may not know the difference of the great area but look at the photos, and try to stick with: kitchen is modern, has heat and air conditioning.More time consuming but also free: call a couple property managers in given city; US census detailsPaying: rentometer; rentguide; insurify;